In: Statistics and Probability
Find the mean, μ, and standard deviation, σ, for a binomial random variable X. (Round all answers for σ to three decimal places.)
(a) n = 20, p = .50.
μ =
σ =
(b) n = 1, p = 0.35.
μ =
σ =
(c) n = 100, p = 0.80.
μ =
σ =
(d) n = 30, p = .01.
μ =
σ =
Solution :
Given that,
p = 0.50
q = 1 - p =1-0.50=0.50
n = 20
Using binomial distribution,
Mean = = n * p = 20*0.50=10
Standard deviation = = n * p * q = 20*0.50*0.50=2.236
(B)
p = 0.35
q = 1 - p =1-0.35=0.65
n = 1
Using binomial distribution,
Mean = = n * p = 1*0.35=0.35
Standard deviation = = n * p * q = 1*0.35*0.65=0.477
)C)
p = 0.80
q = 1 - p =1-0.80=0.20
n = 100
Using binomial distribution,
Mean = = n * p = 100*0.80=80
Standard deviation = = n * p * q = 100*0.80*0.20=4
(D)
p = 0.01
q = 1 - p =1-0.01=0.99
n = 30
Using binomial distribution,
Mean = = n * p = 30*0.01=0.30
Standard deviation = = n * p * q = 30*0.01*0.99=0.545